Advocacy group proposes DeFi solutions to address global poverty
PositiveCryptocurrency

- The DeFi Education Fund has introduced decentralized finance solutions aimed at alleviating global poverty, projecting potential savings of up to $30 billion annually through reduced remittance costs.
- This initiative is significant as it seeks to enhance financial inclusion and provide economic relief to marginalized communities, leveraging innovative financial technologies.
- The proposal comes amid ongoing discussions about the role of DeFi in transforming traditional financial systems, especially in light of recent challenges faced by some DeFi protocols and regulatory scrutiny that could impact innovation.
— via World Pulse Now AI Editorial System
